634 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$125,000
Revenue$575,116 Established2003
Cash Flow$125,068 Employees3 full, 7 part
FF&E$150,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
New American Bar & Restaurant. *SELLER WILL ENTERTAIN ANY REASONABLE OFFER* Established for 14 years, this restaurant is located in a very affluent area of Westchester and caters to a high end clientele. There is great walking traffic and public parking. The space is 1,600 sq. ft. with a full basement, including a prep area and walk-in boxes. The dining room is on the main floor with seating for 45, plus a 14 seat bar. There is a full liquor license until 3 am. They are open 6 days per week, Mon. - Wed. 5pm-Closing and Th-Sat. 11:30am- Closing (M-W only dinner service, no breakfast or lunch). A new owner can keep the current concept or bring in something new. There are 6.5 years left on the current lease at a rent of $6,300/mth and 3% annual increases. The lease can be extended for a qualified tenant with good credit. In the past year the business grossed approx. $624,000.00 with a net cash flow of approx. $125,319.00. THE CURRENT OWNER IS NOT THE HEAD CHEF. The business is fully staffed. We are seeking a serious and financially qualified buyer with at least $170K in liquid funds to cover the asking price and approx. $20K in rent security. To learn more, please call Mel Vaz at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:125,000.00 Down & SELLER WILL ENTERTAIN ANY REASONABLE OFFER!
Sale Reason:Retirement.
Ad #95440
Seller Reference #29958
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
This seller cannot be contacted because this ad is not active.